Archives



July 2017

Maersk Advisory Update

Maersk, which was hit by a cyber attack on June 27 reports that the company is steadily getting closer to business as normal. That attack, caused by Petya Ramsomware, affected all business units at Maersk, including container shipping, port and tug boat operations, oil and gas production, drilling services, and oil tankers, the company said. The attack came as computer servers across Europe and in India were hit by the major ... [+]

EU to sign Japan free trade pact

[ July 7, 2017   //   Chris ] The European Union and Japan have announced that they will sign an historic free trade agreement in what is an apparent rebuke to anti-globalization politicians such as Donald Trump and pro-Brexit factions in the UK . The deal, endorsed by Japan’s prime minister Shinzo Abe and ... [+]

Cosco-OOCL merger to create world’s third largest shipping line

China’s Cosco Shipping confirmed market talk on 9 July when it announced that it was buying a nine-tenths share of Hong Kong-based Orient Overseas International, parent company of OOCL, with Shanghai International Port Group (SIPG) taking the remaining 10%. The deal is subject to regulatory approval, but has been accepted ... [+]

WFS Increases Ground Handling Footprint at LAX

Worldwide Flight Services (WFS) has been awarded three new ground handling contracts at Los Angeles International Airport. China Southern selected WFS to provide ramp services at the airport for its 10 flights per week connecting Los Angeles and Guangzhou. Xiamen Airlines has also chosen WFS’ ramp services for its new four times ... [+]

Turkish Cargo Brings Fresh Fish to Kuwait

Turkish Cargo has commenced a new cargo service for the shipments of fresh fish around the world. This service now accepts fresh fish for its weekly Saturday passenger flights from Milas Bodrum International in Turkey (BJV) to Kuwait International Airport (KWI).  This makes it possible for consumers in Kuwait to sit ... [+]

NC Ports Set for Unprecedented Growth with New Services

The inaugural port call of the ZIM Shanghai on June 18 marked the fourth new container service activated at the Port of Wilmington in the last two months.  North Carolina Ports has doubled its container services in calendar year 2017 and is set for unprecedented growth in its next fiscal ... [+]

NC Ports, CSX Commence New Intermodal Service

North Carolina Ports Authority and CSX will commence daily, intermodal rail service between Wilmington and Charlotte, effective July 28. The new double-stack service, dubbed the Queen City Express, marks the official return of intermodal rail to North Carolina Ports. It will traverse the existing CSX Class I network between the Port ... [+]

LUG adds Emirates to customer portfolio in Frankfurt-Main

LUG aircargo handling GmbH has announced that it has agreed on a service contract with Emirates, effective October 2, 2017. Emirates (EK) operates passenger aircraft (A380 and B777) three times a day between Frankfurt-Main and Dubai. In addition, Emirates offers eight all-cargo flights with B777F per week. LUG will handle ... [+]

Generator worth $2 million moves through JAXPORT

Highly trained stevedores at JAXPORT recently moved a 108,000-pound generator bound for a manufacturing plant in the Midwest through the port’s Talleyrand Marine Terminal. The machinery, which is worth more than $2 million, was made in Germany and shipped from Belgium to JAXPORT in a wooden crate aboard the Spliethoff general ... [+]

GCT announces new President & CEO

Doron Grosman has been appointed as the new president and CEO of GCT Global Container Terminals Inc., effective immediately. Doron replaces Stephen Edwards, who served in the position since 2012. Doron is widely known for his ability to drive company performance through the acceleration of revenue growth, optimization of costs and ... [+]

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